UK’s FCA orders electronic money issuer Nvayo to suspend operations
Nvayo says that it “is working with the FCA to resolve their concerns and hope to find a solution”.
Consumer/Personal Finance
American Express to pilot biometrics for online transactions
The biometrics have been developed by the FIDO Alliance and the World Wide Web Consortium.
Can core modernisation give your bank new legs?
For banks, core replacement is not the only game in town, with core modernisation being a far less risky option.
US fintech PayZen launches new product to boost healthcare affordability
With the Care Card, patients can access PayZen’s post-service payment plans through a physical and virtual debit card.
Aeropay teams up with UBank for in-game payments innovation
The partnership seeks to solve the “intricate payment challenges” at play within the current gaming ecosystem.
Finalists announced for Banking Tech Awards 2023
Take a look at the 2023 Banking Tech Awards finalists!
Experian launches digital checking account and debit card for US consumers
With sign-up taking “minutes”, Experian’s new feature allows consumers to “streamline” their financial experience.
Mexican neobank Albo raises $40m in Series C funding round
The round also saw participation from existing investors Valar Ventures and Nazca Ventures.
Transforming the user experience: the dawn of dynamic knowledge rendering in financial services
With GenAI in financial services, we’re not just on the cusp of significant change – we’re in the midst of it.
Bright Money lands $62m debt and equity funding
The round consists of $50 million in debt funding and $12 million in equity.
Raisin appoints former UBS chair Axel Weber as advisor and board member
Raisin claims to have experienced a “steep growth curve” amid interest rate hikes and a “savings rush”.
US Bank seeks AI specialist in call for automation and process transformation leader
The bank says a “significant component” of the role will be to “leverage new technologies in the AI arena”.
Mercedes-Benz drives in-car fuel payments through new Mastercard partnership
Drivers will be able to complete refuelling payments via an in-car fingerprint scanner.
Santander reorganises structure to streamline operations
The bank has merged its retail and commercial businesses and created a new digital consumer banking business.
EWA start-up ZayZoon secures $34.5m in Series B funding round
The round was led by Framework Venture Partners, with participation from additional investors.
Video: Citi Ventures at FinovateFall 2023 – This year’s fintech funding trends
We catch up with Arvind Purushotham of Citi Ventures to discuss the current fintech funding landscape.
Sibos 2023: BMO taps DailyPay to offer earned wage access to commercial clients
The news was announced at the Sibos conference, which is being held in Toronto, Canada, this year.
Sibos 2023: “Would you like data with that?” – why ‘good’ corporate banking is now far more than just the money
We’re starting to see more FIs providing data services as part of their corporate banking offering.
Video: How Mauritius is emerging as a global financial services hub
We speak with the Honourable Mahen Kumar Seeruttun about the evolution of the financial services landscape in Mauritius.
What the FinTech? | S.4 Episode 16 | Meeting customer needs in a cost-of-living crisis
In this episode of the podcast, we’re joined by Andrea De Gottardo, CEO of UK digital bank Kroo.
Sibos 2023: Cross-border payments dominate day one of Sibos with Swift-Wise partnership announced
The new partnership comes amid a host of Swift-led panels at Sibos focused on payment innovations.
Video: TD Bank at FinovateFall 2023 – The evolution of commercial banking
We chat with Chris Giamo of TD Bank about the state of play for commercial banking in North America.
Video: Piermont Bank at FinovateFall 2023 – Achieving digital acceleration
We chat with Rodrigo Suarez of Piermont Bank about how incumbents can achieve digital acceleration.
Daily News at Sibos 2023
Download your free copy of the Daily News at Sibos publication today!
FinTech Futures: Top five stories of the week – 15 September 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
What the FinTech? | S.4 Episode 15 | How Scotland is aiming to become a global fintech hub
In this episode of the podcast, we’re joined by Nicola Anderson, CEO of FinTech Scotland.
ICYMI fintech funding round-up: GenTwo, Momnt, myZoi, Treyd, Firstcard & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Engagement banking
The idea of personalisation has been around for decades in banking, so it’s time customers get what they deserve.
FinTech Futures: Top five stories of the week – 1 September 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
JP Morgan Chase increases stake in Brazilian digital bank C6 to 46%
The US bank first bought a stake in C6 in June 2021.
Providence FCU taps Mahalo Banking for digital banking upgrade
The upgrade will introduce new features including live chat and a personal finance management tool.
Goldman Sachs to wave goodbye to GreenSky as proposed sale enters final stages
Some offers for the Atlanta-based fintech are reportedly topping $800 million.
Social media: a driving force in digital transformations
To stay relevant, businesses need to regard social media as an integral part of their digital strategy.
What the FinTech? | S.4 Episode 14 | Financial vulnerability and the Consumer Duty
In this episode of the podcast, we’re joined by Helene Panzarino of the London Institute of Banking and Finance.
Better.com’s share price stumbles on Nasdaq debut
The New York-based digital mortgage lender went public through a SPAC merger this week.
LemFi bags $33m in Series A funding round to fuel global expansion
LemFi was founded in 2020 to provide immigrants with better access to financial services.
Video: What’s the next big thing in fintech?
We ask three experts what they think could be the next big thing that will completely transform the industry.
Beyond the single customer view
Even if we have all the data on our finances, we need to be able to understand it.
Silicon Valley Bank makes two senior appointments to lead payment products and digital strategy
Martin Murrell has been named as head of global payments and Milton Santiago as head of global digital solutions.
Video: Which areas of fintech are most at risk in the current economic climate?
We ask three veteran investors which areas of fintech are currently most vulnerable.
